- Business
- Coca-Cola FEMSA, S.A.B. de C.V. (KOFUBL.MX) operates as the world's largest bottler and marketer of Coca-Cola System beverages by sales volume, producing, marketing, selling and distributing sparkling beverages including colas and flavored variants; waters and non-carbonated beverages such as juice drinks, coffee, teas, milk, value-added dairy, sports drinks, energy drinks, plant-based drinks and certain alcoholic beverages like Topo Chico Hard Seltzer; as well as Monster products through distribution agreements; serving a portfolio of 134 brands to more than 276 million consumers via approximately 2.2 million points of sale. The company maintains operations across 10 Latin American countries, including Mexico, Brazil, Guatemala, Colombia, Argentina, Costa Rica, Nicaragua, Panama and Uruguay, with 56 bottling plants and 251 distribution centers. Founded in 1991 as a joint venture between FEMSA and The Coca-Cola Company and headquartered in Mexico City, Mexico, it functions as a 47.9%-owned subsidiary of FEMSA. Recent developments include a US$110 million expansion of its Mogi das Cruzes plant in Brazil with two new soft drink production lines emphasizing sustainability; a US$45 million upgrade to its Costa Rica facility to boost capacity, warehousing and exports to Nicaragua and Panama, slated for September 2025 completion; and advancement of the FEMSA Forward strategy integrating capacity expansions, digital omni-channel innovations and beverage diversification into plant-based, coffee and premium smaller formats.